Permanent Interest Bearing Shares
- Permanent Interest Bearing Shares
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Permanent interest bearing shares - irredeemable debt instruments issued by building societies ( building society), usually paying a fixed rate of interest. Dresdner Kleinwort Wasserstein financial glossary
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Permanent Interest Bearing Shares noun [plural] FINANCE, STOCK MARKET
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Financial and business terms.
2012.
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permanent interest bearing share — PIBS A non redeemable security, usually issued by a building society, that pays interest at a rate fixed at issue. This is often 10–13.5%, giving investors a high yield for perpetuity. However, these shares carry the risks associated with fixed… … Accounting dictionary
permanent interest bearing share — PIBS A non redeemable security, usually issued by a building society, that pays interest at a rate fixed at issue. This is often 10 13. 5%, giving investors a high yield for perpetuity. However, these shares carry the risks associated with fixed… … Big dictionary of business and management
PIBS — See Permanent Interest Bearing Shares. Dresdner Kleinwort Wasserstein financial glossary * * * PIBS UK US noun [plural] ► FINANCE, STOCK MARKET ABBREVIATION FOR Permanent Interest Bearing Shares: shares in a building society (= a type of bank) in … Financial and business terms
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